Turkish Philanthropy Funds Inc.

Building A Community Around Philanthropy

aka TPF   |   New York, NY   |  www.tpfund.org

Mission

TPF’s mission is to inspire and mobilize innovative, high-impact philanthropy that benefits our communities in Turkey and in the US.

Ruling year info

2007

Chairman of the Board

Mr. Mehmet Kirdar

Executive Director

Dr. Senay Ataselim Yilmaz

Main address

1460 Broadway 5th Floor

New York, NY 10036 USA

Show more contact info

EIN

20-8392006

NTEE code info

Fund Raising and/or Fund Distribution (T12)

Community Foundations (T31)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Turkish Philanthropy Funds (TPF) is the leading U.S. community foundation for high-impact social investments dedicated to Turkish and Turkish-American communities. Since 2007, TPF has mobilized over $55M and has invested over $26M in grants with partners focused on addressing economic, social, and environmental needs in Turkey and around the world. By providing support to realize the philanthropic vision of individuals, families, and corporations, TPF donors and partners have reached thousands of families and directly funded over 300 projects.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Pass Through Grant-Making

TPF partners with non-profit organizations in Turkey, which can raise funds in the USA through TPF. These funds are then granted to these organizations with the approval from the Board.

Population(s) Served
Adults

TPF offers certain fund types including Advised Designated and Friends of Funds that allow donors to remain engaged in the grantmaking process by suggesting uses for their gift. Donors make grant recommendation for a grant to a specific organization or a project once TPF's staff have ensured the recipient organizations a 501(c)(3) equivalent or in good standing and that the organization is financially sound and has filed the necessary tax documents. TPF's Board of Directors review and approves the grant. Grants are monitored and evaluated based on TPF's grant management procedures.

Population(s) Served
Adults

TPF partners with non-profit organizations in Turkey, which can submit application to be considered for a grant in the areas of education, gender equality, social and economic development, and disaster relief. All grants are approved by the Board of Directors.

Population(s) Served
Adults

TPF Stars Program supports overachieving young women in Turkey. Since 2013, TPF Stars Program provided scholarships to 40 female high school students all over Turkey through Cagdas Yasami Destekleme Dernegi. The Program will continue supporting these young women and send them to college starting 2018.

Population(s) Served
Women and girls
Adolescents

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of donations made by board members

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Women and girls, Children and youth

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

100% of our Board of Directors make contributions to Turkish Philanthropy Funds (TPF).

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, Adults, Economically disadvantaged people

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of grassroots organizations supported

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Annual number of sites visited at least once

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Average grant amount

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, Adults, Economically disadvantaged people

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

TPF encourages the aspirations of individuals, families, and companies that want their philanthropy to make a lasting impact. Our professional staff works alongside donors to help them reach their goals. They offer expert guidance on donor strategies and investments, access to like-minded donors, and a vetted network of partners. TPF has developed a portfolio of funds and donor-centric giving programs that can support the passions and financial needs of givers with diverse objectives and means. We have extensive experience with financial planning and vehicles such as IRA and restate donations, scholarships, awards, and endowments. Over the last eleven year

Over the last fifteen years, it has helped to expand the engagement of the Turkish community in philanthropy. Our efforts in the core areas of social and economic development, education, gender equality and disaster relief have reached thousands of people – often changing lives in new and profound ways. Our network of partners continues to grow as does the impact and recognition of their work. TPF is pleased to be playing an essential role in helping Turkish and Turkish-American communities create opportunities for the future.

With a focus on four main impact areas: Gender Equality, Education, Social and Economic Development and Disaster relief, TPF tackles the most crucial challenges through its partnership with local NGOs in Turkey. TPF vets every organization that we partner with to ensure donations go to the right place. TPF is transparent about its actions, finances, and performance and ensures that 95-99% of contributions go directly to projects.

TPF has solid roots as the organization was built on fundamental values such as transparency, trustworthiness and excellence in service. The organization also has a solid trunk with its dedicated Founders, who planted the seeds, the Board of Directors, and the Management, who have invested immense amount of time and resources into the organization. The vision of TPF is to take philanthropy beyond the "feel good" into significant and measurable impact.

TPF’s ability to create sustained impact has been a focus since the establishment of the organization. Our current sustainability model is founded on the mutually reinforcing engagement of endowment investment, contributions of board members and support through TPF’s Annual Fund. Our model has enabled us to achieve financial stability by averaging 60% cost-recovery over the last six years. To reach 100% we continue to invest in the growth of our endowment.

In 15 years, TPF granted over $26m in 62 cities to more than 300 projects through partner organizations mobilizing thousands of people both in the States and in Turkey. With a strong endowment of $4.5 million, TPF established more than 30 philanthropic funds to assist donors with their personal philanthropy.

Financials

Turkish Philanthropy Funds Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Turkish Philanthropy Funds Inc.

Board of directors
as of 08/15/2022
SOURCE: Self-reported by organization
Board co-chair

Mr. Mehmet Kirdar

No Affiliation


Board co-chair

Maria Figueroa Küpçü

No Affiliation

Mehmet Kirdar

Lawrence Kaye

Herrick Feinstein, LLP

Civan Gokay

Goldman Sachs

Bilge Ogun Bassani

Nakiye Boyacigiller

Sabanci University

Ahmet Bozer

Assia Eyuboglu

Merve Gursel

Ozgur Karaosmanoglu

Raymond James

Lincoln McCurdy

Gulden Mesara

AbbVie

Alp Onalan

Microsoft

Nur Hamzaogullari

Rahmi Sayder

Onur Erzan

McKinsey and Company

Ergun Kirkliovali

Murat Emirdag

Aysegul Ildeniz

Seran Trehan

Maria Figueroa Kupcu

Selin Gulcelik

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 6/28/2022

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male

The organization's co-leader identifies as:

Race & ethnicity
Multi-Racial/Multi-Ethnic (2+ races/ethnicities)
Gender identity
Female

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data